Shruti Chopra
Financial News
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Past articles by Shruti:
Bankers shrug off threat to payouts: ‘Right now, the bonus is keeping your job’
Senior execs at some banks are already foregoing payouts — but some staff on the frontline are less sanguine → Read More
UK banks halt dividends and buybacks during virus pandemic
Barclays, HSBC, Lloyds Banking Group and Natwest Group heed calls from UK regulators to protect capital in the current climate → Read More
UK will ‘bounce back’ from virus crisis, says ex-Bank of England deputy
‘The talk of recession is a bit misleading,’ Sir John Gieve told Financial News → Read More
KPMG chair Bill Michael in hospital after coronavirus diagnosis
KPMG's UK chairman Bill Michael is being treated for coronavirus in the hospital. The 51-year-old, who is a senior partner at the Big Four auditor, tested positive for Covid-19 on Friday after spending a week in hospital. He decided to self-isolate from 15 March as his temperature was higher than normal. The firm has contacted everyone who met Michael before he developed symptoms of the disease. → Read More
City to UK watchdog: ‘Cut red tape and cut it fast’ during virus crisis
Almost 75% of FN readers want regulators to go easy on City firms stunned by what could be the biggest crisis in more than a generation → Read More
‘Essential’ Bank of England and FCA staff travel to work despite lockdown
Central bank and market regulator remain open for a small number of employees → Read More
READ: The FCA’s letter to firms about delaying results due to coronavirus
The regulator has advised firms to assess the impact of the Covid-19 outbreak before preparing disclosures → Read More
‘Close the markets,’ says City as lockdown fears grip home-hobbled traders
While a move to shutter markets would not be without precedent, the Covid-19 pandemic has triggered global unease of a magnitude not seen in decades → Read More
Thousands of FCA staff work from home in coronavirus drill
Half of the FCA's roughly 4,000 workers in London and Edinburgh were told to work remotely on Friday → Read More
What questions will MPs throw at Andrew Bailey tomorrow?
The incoming governor of the Bank of England will sit in front of the newly formed Treasury Select Committee on Wednesday → Read More
Boris bounce to unleash flurry of property deals in the City
£10bn is set to be invested in the Square Mile’s office market this year, up more than 20% from 2019 → Read More
‘Absurd’ Davos has become an ‘international bunfight’ — critics
The annual four-day business extravaganza is a firm favourite with Wall Street bankers → Read More
Next FCA chief should be an outsider, say City bosses
An outsider should succeed Andrew Bailey to shake up the embattled City regulator, according to finance heavyweights → Read More
Lloyd’s CEO John Neal: ‘I faced bullying without realising it’
Lloyd’s of London boss admits efforts to get staff to report bad behaviour are not working and explains his plans for the 331-year-old insurance market → Read More
Women in the City freeze their eggs over career fears
Fertility clinics in the Square Mile have recorded a spike in women having procedures to extract their eggs → Read More
Culture at Lloyd’s of London in spotlight over lack of women in senior roles
Annette Andrews, Lloyd’s chief people officer, left the 331-year-old City institution last week → Read More
City speaks: No deal preferred to a Corbyn government
Fifty-four per cent of financiers opt for crashing out of the EU over a Corbyn government → Read More
Phones4U billionaire builds ‘Britain’s most expensive home’
John Caudwell is moving into Mayfair, home to some of the world’s largest alternative asset managers, with a £250m mansion → Read More
Mental health issues exacerbate long-term sickness at FCA
More than 100 employees at the regulator took long-term sick leave, lasting 66 consecutive working days, between 2015 and 2018 → Read More
Bullying spurs HR review at Bank of England
New figures show that 25 cases of alleged bullying and harassment were investigated by the bank between 2009 and January 2019. → Read More